Thus the real choice is between the Armey-Nader position of no IMF and laissez-faire in international finance, the Summers position of an IMF that sticks to its core competence of crisis management and gets out of the long-term loan long-term economic management business (where the IMF is too understaffed to do a good job), and the status quo. ==========
Where do Lance Taylor's proposals fit in the above menu of options?
Ian